A policyholder can opt for riders that provide additional coverage. A term insurance policy guarantees monetary payout to the nominee in the event of the insured’s death. Spurious Phone Calls and Fictitious / Fraudulent Offers. Term Insurance Online:Buy Best Term Insurance Plan Policy 2020 in India | PNB MetLife, Cover your Spouse, under the one same plan, Health and Life cover under a single plan, Tax benefit under section 80(C), 80(D) and 10(10D); as per prevailing tax laws, Choose to pay premiums as per your requirement, Choose to stay protected for Whole of life or Fixed term, Return of Premiums on survival till maturity, Flexibility to pay premiums for 5 years or 10 yearsÂ, Provides protection to the family of employee, Purchase cover for single life or joint lifeÂ, Cover options: Option to choose Level or Reducing CoverÂ, Flexibility to pay Single, Limited or Regular Premium, Availability of Accelerated Benefit Option, Straight through processing, no medicals required, Ease of enrollment, simplified proposal form. Most insurance companies require a mandatory medical tests as per their risk assessment criteria before issuing the insurance policy. It is best to check your family’s financial needs and upgrade the sum assured as and when required. Insurers very often provide flexibility in premium payments. You have to specifically opt for such riders while buying the policy. I take pride in my association with PNB MetLife for their consistent support at various levels, this builds enthusiasm in my team and me to work more passionately. A term life insurance plan is important for a variety of reasons. Age proof (Passport, Driving License, School Leaving certificate, PAN card), Address proof (Passport, Driving License, Aadhar Card, Voter ID, electricity bill, gas bill, telephone bill, ration card), Identity proof (PAN card, Aadhar card, Passport, Driving License, Voter ID), Income proof (Salary slips, ITR - V for the past 3 years), Copy of Death Certificate (issued by the local authority), Original Policy Document or Indemnity Bond in case the Original Policy Bond is lost, Doctor’s certificate (in the specified format), Photo ID Proof and Address Proof of the nominee, Cancelled cheque leaf or bank passbook of the beneficiary under the policies, Accidental disability which includes total or partial disability, Other critical illnesses such as kidney and liver failure, Death due to involvement in criminal activities, Death due to participation in hazardous activities, which includes adventurous sports like paragliding and bungee jumping. This allows the policyholder to opt for higher sum assured at affordable premiums. As per IRDAI regulations, the minimum solvency ratio must be 1.50. This will ensure your family’s expenses for the next 10 years are met. The exact specification of the term insurance policy depends on the financial needs of the individual. Failure to reveal existing policies can result in the rejection of the claim. Â, Stay updated with the latest news, campaigns and launches. Opting for such riders can also help with finances in case the rider conditions materialize. With MetLife Mera Wealth Plan Create an investment plan that covers your goals Get good returns for your hard earned savings However, people seeking better coverage can opt for riders, which essentially enhances the basic policy. PNB MetLife Mera Term Plan is an Individual Non-Linked, Non-Participating, Pure risk premium Life Insurance Plan | Product UIN Number – 117N092V03 #Maximum maturity age: 99 years for all options (except Joint Life cover option), Joint Life Cover option: 75 years (applicable for both Primary & Secondary life). PNB MetLife’s Savings plans have the potential to accumulate wealth that can help you achieve your financial goals and secure your future. There are many plans in the market that provide “whole life protection” at reasonable premiums. Introducing PNB MetLife Mera Wealth Plan, a unit- linked wealth and savings plan that enables you to create a financial blueprint for your goals at every stage in life. Term insurance plans pay the sum assured in the event of the death of the insured. A term plan also comes with an option to return the premiums on maturity. The features like Cover Enhancement options, Benefit Options, and Additional Options give extra teeth to the policy and giving it a niche over other term plans. PNB MetLife Mera Term Plan is a non-linked, non-participating term insurance plan. PNB Metlife My Term Plan Is A Pure Security Life Insurance Plan That Provides Comprehensive Coverage To Your Family. Introducing MetLife Mera Wealth Plan, a plan that enables you to create a financial blueprint for your goals at every stage in life. The optimum cover depends on your annual income, liabilities and your financial goal. PNB MetLife India Insurance Company Limited is a licensed user of these marks.. By submitting your details, you agree to PNB MetLife's, Select 'No' if you have not consumed tobacco in any form in past 12 months, Are you an existing Customer of PNB MetLife. This helps to conserve finances for the family and also pays out the rider sum assured. I take pride in my association with PNB MetLife for their consistent support at various levels, this builds enthusiasm in my team and me to work more passionately. Some companies have started offering tele medical checkups. Moreover, you can completely … One of the best features of this plan from PNB MetLife is that you get the much-needed flexibility of choosing your protection option against Death, Critical Illness, Disability and Terminal Illness. Visit PNB MetLife website to know more about Savings Investment Plan, Financial Planning - Find out here on this article how to make the most of your savings. Waiver of premium rider (liked to illness/disability). MetlifeMera Term Plan An online term insurance plan which provides coverage at affordable costs. It is often said that health is wealth. IRDAI is not involved in activities like selling policies, announcing bonus or investment of premiums.Â. A best term insurance plan guarantees payment of an assured sum, which can be of immense help for your family in times of need. Identify your ideal life insurance coverage, Please click on below SUBMIT button to proceed further, You can select a maximum of four quick links only, Savings Insurance Plan (Savings Plan) – Find out 5 top reason why you need to buy savings plan in 2020 here on this article. Therefore, investing in term life plans is essential. However, each insurance company also has a term insurance premium calculator on their website that will let you know an approximate premium for the given inputs entered by you. With a high claim settlement ratio, buying a best term insurance from PNB MetLife will ensure your claims are honored and easily settled. Term insurance plans also comes with riders which provides additional coverage asides the term insurance benefit. Be sure to check the insurer’s claim settlement ratio before buying a term plan. The term insurance premium is an indication of the risk that the insurance company has to bear to insure the life of the policyholder. PNB Metlife Mera Term Plan Plus is a flexible term plan that offers some good features. We offer a plethora of plans like an endowment plan or a money back plan to cater to your diverse savings needs with attractive features and benefits while securing you from troubles of a rainy day. Our policies also cover Covid-19 Claims. The PNB MetLife Mera Term Plan allows you to stay insured for 99 years. Term life insurance allows you to buy a policy that has a high sum assured. I have qualified 15 times for MDRT with PNB MetLife. This provides comfort and protection to your family long after your unfortunate demise. Which term insurance policy should I select? There are three distinct steps to filing a term insurance claim. Partner Login. PNB MetLife Mera Term Plan and its life-cover of 99 years # brings forth the possibility of realizing your dreams, fulfilling the aspirations of your loved ones & gives them the security of a lifetime. Picking a best term insurance online will help you save on premium costs. Be sure to compare different policies on insurance aggregators so that you can find out information about all insurers. Here are some pointers to consider before choosing the perfect term insurance policy: The insurance company calculates premium for your insurance policy based on several factors such as: Getting an online term plan is extremely simple in these digital times. PNB MetLife India Insurance Company Limited is a licensed user of these marks.. By submitting your details, you agree to PNB MetLife's. Term Insurance: How Big Should Your Cover Be? 26/27 M G Road, Bangalore -560001, Karnataka or write to us at: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062. Hiding medical history: Not disclosing medical history is valid ground for ejection of the claim. A term insurance plan takes into account the potential risks to the insured and the premium is calculated accordingly. Visit PNB MetLife for more on savings & protection plans, Life Insurance - Find out how to decide the policy term in your life insurance. Consider this while fixing your sum assured. Visit PNB MetLife for more on term insurance, Invest in Savings Plan - Find out top benefits of investing in a savings plan here on this article. Basic plans offer a death benefit, while policies with riders also cover accidental death, disability, cancer, heart diseases and other critical diseases. SMS HELP to 5607071 SEND ME AN ADVISOR indiaservice@pnbmetlife.co.in Visit PNB MetLife for more on term insurance, What is Life Insurance - Find out why should you buy life insurance to meet your needs her on this article. Generally, the policy term starts from the age at which the policy is purchased. It is convenient to buy them directly from the insurance company’s website or with the support of an insurance web- aggregator or form any other insurance intermediary. Beware of  Spurious Phone Calls and Fictitious / Fraudulent Offers! As your trusted life insurance partner, PNB MetLife is with you amidst the current Covid-19 outbreak. For more details on risk factors, policy exclusions, terms and conditions, please read the sales brochure carefully before concluding a sale. It is a tailor-made protection plan that gives you the flexibility to select from four sum assured payout options. It could also result in the rejection of the claim. Beware of  Spurious Phone Calls and Fictitious / Fraudulent Offers! Term insurance policies come in varied types. PNB MetLife Accidental Disability Benefit Rider, PNB MetLife Traditional Employee Benefits Plan. Thank you,We will contact you shortly. Some people also hide their smoking or drinking habit to reduce the premium. A term plan’s sum assured is not linked to any market factors. By using the website, you accept our use of cookies. The marks “PNB” and “MetLife” are the registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. A term life insurance cover ceases to exist after the expiration of the policy tenure. The Maximum Age at Maturity will be 99 years for all options except Joint Life cover option. Some of the key benefits of the plan are as follows: Minimum Entry Age for availing of this plan is 18 years, while the Maximum Entry Age is 65 years. Key Benefits of Guaranteed Income Plan, 5 Best Ways to Take Care of Your Financial Well Being, Here’s Why You Should Invest in a Long Term Saving Insurance Plan, Here’s How to Make the Most of Your Savings. Be rest assured, your family’s claim will be speedily paid out. You can opt for an increasing sum assured where the sum assured increases by up to 50% on marriage and by 25% on birth of one child up to two children. PNB MetLife has a healthy claim settlement ratio of 92.90%. Term insurance policies do not have a savings component and hence there are no maturity benefits. Refusing to undergo medical test: While buying a term life insurance plan, you are required to undergo a medical examination. PNB Metlife being the 7th largest insurer in India, has Assets under Management to the tune of INR 16,000 crore and reported Profit after tax @103 INR crore. Read on to know more about the features and benefits of the plan. : U66010KA2001PLC028883. 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Choose the highest sum assured available at your income level or opt riders..., buying a PNB MetLife accidental disability benefit rider, PNB MetLife Mera term plan is extremely important secure... To 30 days after the end of the biggest advantages of a monthly for! Policies have a free look period of 15 to 30 days after the end of the claim for options... The nominee in the market that provide additional coverage asides the term insurance benefit insurance aggregators so that you correct. Picking a best term insurance policies with the ‘return of the policyholder reaches the age mentioned in policy. Rejection of the policy term of claim later companies in India per your needs the...
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